Nebraska tax receipts higher than projected in August
Posted By: Sarah Fili
Nebraska state government collected nearly 3 percent more than expected in taxes last month.
The Department of Revenue reported Thursday that net tax receipts totaled $385 million, which is 2.7 percent above the state’s certified forecast.
The department says net individual and corporate income taxes were higher than predicted, while net sales-and-use and miscellaneous were lower than the state forecast.
The comparisons were based on the forecast made by the Nebraska Economic Forecasting Advisory Board in April.
The state’s new fiscal year began on July 1.